Vardhman Acrylics Ltd.
Snapshot View

77.90 -3.65 ▼-4.5%

05 August 2021, 01:54:56 P.M.
Volume: 1,719,003

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.vardhman.com
Financial Indicators
Market Cap 655.37 Cr.
Earnings per share (EPS) 6.23 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 13.08 Trailing Twelve Months Ending 2021-06
Industry PE 36.83 Trailing Twelve Months Ending 2021-06
Book Value / Share 50.53 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.61 Calculated using Price: 81.55
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 8.04 Cr. 80,363,746 Shares
FaceValue 10
Company Profile

Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries.

Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre.

Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India.

The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India.

The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world.

VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users.

Product range of the company includes:

  • Acrylic Bright & Semi-dull Non shrinkable fibre in 1.2,1.5,2,3,5,7,10,15 deniers in a wide range of cut lenghts.
  • Acrylic Bright & Semi-dull Shrinkable fibre with different shrinkage levels in 2,3,5 deniers in a wide range of cut lengths
  • Acrylic Tow endless Bright & Semi dull in 2,3 denier.
  • Specialty acrylic fibres suitable for Open end spinning; Soft handle, Water absorbent applications etc.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.48%
1 Week
+14.56%
1 Month
+60.12%
3 Month
+89.31%
6 Month
+109.69%
1 Year
+173.33%
2 Year
+106.63%
5 Year
+114.31%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 10.27 9.57 15.58 10.74 12.76 13.41 12.55 10.56 13.43
Return on Capital Employed (%) 14.64 14.86 21.10 14.38 19.28 18.71 15.34 14.40 13.93
Return on Assets (%) 7.38 6.62 10.35 6.83 8.03 8.03 7.29 6.17 7.85

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 251 259 301 321 318 295 319 334 355
Non Curr. Liab. 21 20 16 16 27 27 21 20 11
Curr. Liab. 83 104 143 181 152 204 193 231 227
Minority Int.
Equity & Liab. 355 383 461 518 498 526 532 585 594
Non Curr. Assets 169 93 155 182 180 81 186 122 147
Curr. Assets 185 290 306 336 317 445 347 463 447
Misc. Exp. not W/O
Total Assets 355 383 461 518 498 526 532 585 594

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 390 436 468 498 413 337 320 392 334
Other Income 16 8 29 16 22 25 21 25 27
Total Income 406 445 497 514 435 362 340 417 361
Total Expenditure -360 -394 -426 -465 -368 -300 -288 -364 -308
PBIDT 47 50 71 50 66 62 52 53 53
Interest 0 -1 -1 0 0 0 -1 0 0
Depreciation -11 -11 -11 -5 -4 -5 -5 -5 -5
Taxation -11 -14 -16 -11 -21 -16 -8 -12 -2
Exceptional Items
PAT 24 24 44 33 41 41 39 34 46

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 28 24 43 55 23 42 3 26 4
Cash Fr. Inv. -32 3 -44 -58 43 30 7 -8 80
Cash Fr. Finan. 6 -20 -5 -1 -68 -63 -15 -20 -24
Net Change 1 7 -6 -3 -2 8 -5 -2 61
Cash & Cash Eqvt 5 12 6 3 1 9 4 2 63

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.97 74.97 74.97 74.97 74.97 74.97 74.97 74.97 74.97
Public 25.04 25.03 25.04 25.04 25.04 25.03 25.02 25.02 25.03
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 Aug 2021
Updates
Vardhman Acrylics Limited has informed the Exchange regarding 'shares dematerialised during the month ended 31st July, 2021'.
Tue, 03 Aug 2021
Updates
Vardhman Acrylics Limited has informed the Exchange regarding 'shares dematerialised during the month ended 31st July, 2021'.
Thu, 29 Jul 2021
Copy of Newspaper Publication
Vardhman Acrylics Limited has informed the Exchange about Copy of Newspaper Publication

Technical Scans View Details

Wed, 04 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week High Close Crossing Last Week High
Close Crossing Last Month High Close Crossing Last Month High

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